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'm kelly evans. these are your headlines from around the world. >> eu leaders are nearing a historical deal in brussels which could see the region's spending reduced for the first time. >>> chinese trade going gang bust ner january while inflationary pressures ease off thanks in part to the lunar new year effect. >>> this company must not disappear. that's the french government. it says it may invest in peugeot. >> and the yen says the currency has weakened too much. >>> welcome to the final program of the week. i'm pleased we've got to this day. >> we've had a lot of time together this week. i have. and that's not why i'm pleased we got to this day. >> yeah, yeah. >> strong numbers out of china. >> that's right. we saw a big improvement there. but i have to say frankly, most people's attention whether it's here or on the other side of the pond is the snowstorm. it seems like winds, 50 miles per hour. blizzard conditions in the u.s. we know when there's a storm like that headed for the biggest media market frankly in the world, it's probably all you're going to hear about for a while. >> th
, that's the last thing the eu or the eurozone needs right now. just when we get the signal of the panic button in the eurozone debt crisis, we have another cloud on the horizon. but that's nothing angela merkel can influence. i'm sure it's going to be a topic of discussion saying, look, is this going to be a government crisis? can you avert this? that is nothing we will hear about. the official communique will sound similar to what we heard out of paris, out of the monte meeting. don't expect a result on this budget summit yet on the table and on we go to the next rendezvous in terms of the budgets. we've got another eu summit in march, which is not -- which is not ear marked, of course, as a budget meeting, but i daresay we will trickle along nicely or unnicely until finally they reach an agreement on the next budget. in terms of the eurozone debt crisis, of course, that's the other point of discussion. at the moment, there's a little bit of cautious shoulder padd g padding, but it will be a bit more cautious because of the aforementioned festering crisis in spain. obviously, what we'
partnership on trade. she'd he wanted to open a new negotiation, a transatlantic partnership with the e.u. is it your feeling that people are going to look at that and say, okay, at least there's a little part of the business agenda he's pursuing by trying to get down trade barriers? >> one of the criticisms is there had been no new free trade initiatives in his first administration. you know, they acted on some that were previously proposed. yeah, obviously that would be something that -- that businesses would -- certainly want to sell to the world, this for sure. that -- >> larry kudlow was on with us last night and said we don't need a new agreement with the e.u. we've already got agreements with most of the countries involved. so we'll see how much value the marketplace puts on that. >> okay. all right. john harwood. becky's got the next story coming up. just -- a classic. it's -- you know, i got to talk to but this. i really -- let's lets beck dee it. do you have a new view on cayman islands? i know bachus says that mr. lew paid his taxes that he was supposed to pay. this was fully w
the uncertainty created by the u.k. e.u. referendum and scottish referendum on independence. there's a lot of negatives surrounding sterling now. i think it has further to fall. >> we'll leave it. there we want to get your thoughts on employment, as well. we'll be right back. >>> welcome back to "worldwide exchange." let's go straight to a look at what's happening with sterling. we have seen it drop below the 154 level. bank offen land minutes just -- of england minutes just showing fisher and miles would have liked to see a 25 billion pound increase in the size of the quantitative easing program. also comes as we learn that the u.k. unemployment rate held at 7.8%. slightly better than expected drop in jobless claims. average earnings growth remains weak. here's what's happening across the gilt curve. yields coming in at 2.4%. and james, at least the gilt yield is coming in. i suppose the markets would be most worried if the opposite happened, if it were to push out here. it's interesting to hear the bank of england say they think pound appreciation is expansionary. perhaps they look at th
by iran. e.u.'s ashton who has been involved said the meeting with iran will be on april 5 to 6, as well. the new offer we presented was balanced, fair basis for diplomatic talks. they won't detail what the new proposal are in iran. >>> and paris eads sharply higher after the aerospace group posted a better than expected full-year earnings profit as well as predicting a rise in earning in 2013. we have more. >> reporter: it's not a big surprise. a few weeks ago the ceo of eads said the company will be able to improve significantly its revenue and operating profit thanks to all of the divisions of the company. the main being the commercial aviation unit. also strong performance at europe copter, astrium for satellites and defense activities. all in all the operating profit beat expectations. 68% increase for the past year. three billion euros. the revenue was stronger than expected at $56 -- 56.5 billion euros. the most important is the outlook for this year. eads targeting a higher profit with an operating profit of 3.5 billion euros before exceptional items. 610 deliveries.between 600 t
, good to see you. thank you. >>> a bit of news out from google concerning the eu. it is now analyzing google proposals. no word on when they may finish analyzing it. >>> goombling, casinos took in $3.4 billion, up 7% from a year ago. but below forecasts of 10% to 12% growth. analysts attribute the low numbers to the traditional lull before the new year. this is all in macau, of course. these vip gamblers have scaled back their betts last year because of the uncertain economic outlook and the clampdown on corruption. in the auto world, toyota says its china sales are looking up. the world's largest carmaker sold more than 72,000 vehicles in china in january. that's up 24% from a year ago. it was toyota's first year on year growth since june 2012 in the country. anti-japanese sentiment has been hurting sales in china. but on the domestic front, toyota sales slipped 15% in january as government incentives expired. honda suffered an even steeper 53% drop. and staying with japan, we're seeing a couple of old school japanese electronics. toshiko has the story for us. >> hi, ross. struggling
friends in china, brazil and india need to be very offensive to. connell: eu ambassador to the u.s., thanks a lot. dagen: jack lew's confirmation hearing underway. he is facing some heavy scrutiny for his time spent. connell: rich edson is following this for us on capitol hill. rich: president obama pointed out that romney's time as a banker. all of that. also, jack lew's pay at citibank. >> in 2008 i was in employee in the private sector. i was compensated for by work. i will leave for others to judge. rich: that is something that republicans are calling hypocrisy. jack lew is saying he would like to get both individual and business tax reform done. republicans have been floating at the corporate side at 25%. it would be challenging to get there. he would like to, on the individual side, raise some revenue. he says he is looking forward to working with lawmakers on overhauling both the individual and corporate tax codes. something that will probably take an awful long time here. dagen: thank you. rich edson in washington. connell: we have charlie rangel coming up. you probably h
of the bulge names in part because of the eu risk is higher in those. how serious do you take a day like today on that front? >> well, our biggest concern really is the continued unstable nature of greece. i think spain and italy will be fine as long as greece doesn't create a chain reaction, which i think it will. and i'm still very concerned about what is going on there. but as you guys pointed out, you know, you came into early 10, early 11, early 12 and felt good, trends were good and the eu kind of put the kibosh on ceo confidence and capital markets activity. i'm concerned about that. >> you seem less worried. >> we're more worried about the u.s. economy. i think what we're seeing now in the marketplace makes sense. we had the megabanks lead the rally late last year. we recently have switched to the regional banks outperforming the megabanks and now we're getting that normal consolidation period which is to be expected. look at the ten-year treasury yield, that's what we say. if above ten for first quarter -- above 2% for first quarter, then earnings estimates will probably go higher. wh
. >> now we go into a full eu heads of state summit. it will be interesting to see if that theory about the euro gains further traction. >> let's roll out the red carpet and watch for the arrivals. thanks, simon. let's get to rick santelli in chicago, where we're still talking about your punch bowl this morning, rick. >>> i'll tell you what, it never ceases to amaze me where somebody like mr. rubin could say nobody could have nope, and yet the government singles out s&p. there's more to this story, or maybe there isn't. like i said, you can't fight city hall. one guy always fighting the battle keeping us informed about what may or may not be happening in europe is mark brand, southwest securities. mark, you were just listening to mr. draghi, and many of your comments, along with many traders on this floor, everyone was wondering when a big salvo to lower the value of the euro will be emanating from europe to keep up with the japanese. has that day arrived? >> no, the day hasn't arrived ye. i'll tell you what has arrived. the way the eu works with the 17 people and the 17 countries in th
. >> you're invited over here. >> we have scotland and then we will have the eu probably about 16 or 17 after the next -- >> i've invited you to be the 51st state over here. >> that's all you will be over here. >> you try to tax us without representation, we'll try to -- >> it's a good number. >> martin b what do you think about the referendum? >> i got myself into trouble by saying that it increases uncertainty. it's what i called the fifth grace one and so there's more uncertainty now. from a political point of view, there's -- >> because of the referendum? right. the prime minister made the right decision. the uk sort of right wing party, it liked the tea party, i guess, in some respects has gained 16% of the vote according to the polls. take more from the trres or from labor. so i think the prime minister was concerned about that. having a referendum laid it out. we did some polling, online polling after the speech. they thought the referendum was right. content of the speech was good, they would vote for the coming out of. there's a lot of work to be done until we get to the refere
Search Results 0 to 9 of about 10

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